Form 4 for CERS CERUS CORP
Accepted 2022-03-16 00:00:00 ET · period of report 2022-03-12 · accession 0001209191-22-019301 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-03-16 | 2022-03-14 | CERS | Menard Chrystal | CLO | S - Sale+OE | $5.04 | -30.3K | 164.2K | -16% | -$152.7K |
| DM | 2022-03-16 | 2022-03-12 | CERS | Menard Chrystal | CLO | M - OptEx | — | +84.4K | 180.9K | +88% | — |
| DM | 2022-03-16 | 2022-03-12 | CERS | Menard Chrystal | CLO | M - OptEx | — | -84.4K | 0 | -100% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-03-14 | S | D | 16,152 | $5.04 | 149,589 | D | — | — | (F2) Represents shares sold pursuant to an instruction intended to comply with the requirements of Rule 10b5-1 that was elected by the Reporting Person on the date of grant to cover statutory tax withholding obligations and corresponding brokerage fee in connection with the vesting of the restricted stock units listed in Table II and does not represent a discretionary sale by the reporting person. (F3) The reported price in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.871 to $5.22 per share, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the aforementioned range set forth. |
| 2 | Common | Common Stock | 2022-03-12 | M | A | 45,000 | — | 165,741 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one (1) share of Cerus Common Stock. |
| 3 | Common | Common Stock | 2022-03-14 | S | D | 5,982 | $5.04 | 174,871 | D | — | — | (F2) Represents shares sold pursuant to an instruction intended to comply with the requirements of Rule 10b5-1 that was elected by the Reporting Person on the date of grant to cover statutory tax withholding obligations and corresponding brokerage fee in connection with the vesting of the restricted stock units listed in Table II and does not represent a discretionary sale by the reporting person. (F3) The reported price in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.871 to $5.22 per share, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the aforementioned range set forth. |
| 4 | Common | Common Stock | 2022-03-12 | M | A | 22,770 | — | 172,359 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one (1) share of Cerus Common Stock. |
| 5 | Common | Common Stock | 2022-03-14 | S | D | 8,173 | $5.04 | 164,186 | D | — | — | (F2) Represents shares sold pursuant to an instruction intended to comply with the requirements of Rule 10b5-1 that was elected by the Reporting Person on the date of grant to cover statutory tax withholding obligations and corresponding brokerage fee in connection with the vesting of the restricted stock units listed in Table II and does not represent a discretionary sale by the reporting person. (F3) The reported price in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.871 to $5.22 per share, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the aforementioned range set forth. |
| 6 | Common | Common Stock | 2022-03-12 | M | A | 16,667 | — | 180,853 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one (1) share of Cerus Common Stock. |
| 7 | Derivative | Restricted Stock Unit | 2022-03-12 | M | D | 16,667 | — | 33,333 | D | — · — to — | 16,667 Common Stock | (F5) Not applicable. (F1) Each restricted stock unit represents a contingent right to receive one (1) share of Cerus Common Stock. (F7) The restricted stock unit vests in three equal annual installments beginning on March 12, 2022. |
| 8 | Derivative | Restricted Stock Unit | 2022-03-12 | M | D | 22,770 | — | 23,460 | D | — · — to — | 22,770 Common Stock | (F5) Not applicable. (F1) Each restricted stock unit represents a contingent right to receive one (1) share of Cerus Common Stock. (F6) The restricted stock unit vests 33% on March 12, 2021, 33% on March 12, 2022 and 34% on March 12, 2023. |
| 9 | Derivative | Restricted Stock Unit | 2022-03-12 | M | D | 45,000 | — | 0 | D | — · — to — | 45,000 Common Stock | (F5) Not applicable. (F1) Each restricted stock unit represents a contingent right to receive one (1) share of Cerus Common Stock. (F4) The restricted stock unit vests 33% on March 12, 2020, 33% on March 12, 2021 and 34% on March 12, 2022. |